Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Got a little FMT @3.68 eom
Same to you Split!
Out ETFC @3.49 eom
Covered MBI @19.67 eom
Short MBI @20.40 eom
In a little ETFC @3.25 eom
That's usually a bad thing when a CFO leaves. I still have what I bought the other day though.
Nice rebound on FRPT. eom
I wonder what gives? End of year selling?
PALM down too. eom
Maybe. For now it looks like 10$ is the battleground..
http://finance.yahoo.com/q/os?s=CFC&m=2007-12-21
Nice catch Eagle! eom
In a little NFI @2.90-2.95 eom
Covered CFC @9.80 eom
I saw that on yahoo news. That's pretty common for all the lawyers to start filing suits when an issue gets slapped down like that. I have been a plaintif in a few of those in the past, and they were a waste of time. Investors only get a few pennies on the dollar and the leagle fees eat up 90+% of the settltment.
Short CFC @10.45 eom
Out LUM @ 1.40 eom
Covered CFC @10.25 eom
Covered the rest @7.46 eom
Covered part in case the rumor is true. I accidentially shorted too much!
Short JBLU @7.96 eom
I'm not astute at shorting either. Eagle is the expert. As far as SWHC is concerned, since it didn't bounce I just figure that it (and the markets in general) don't really have any catalyists to move them up for the forseeable future.
Out SWHC @5.75 and shorted it 5.71- 5.75
Boy, this market sucks. eom
Double down SWHC @6.09-6.10 eom
Looks like 6.60's is the bottom? Hard to tell with that one.
No, I still have it but haven't averaged down yet.
Thanks. I think that POS is headed back to 8$.
Short CFC @12.73 eom
Grabbed a little SWHC @7.02-7.03 eom
Try ETFC @4.24 eom
Volume is picking up now. eom
No problem. My experience has been that issues that get slapped-down on Fridays don't bounce very well due to the upcoming weekend etc. I am watching it for Monday however.
Looks like it had a little bounce, but I think it needs more volume to make a significant one.
Big smackdown on SWHC eom.
Yep. eom
This "bailout" plan isn't going to do squat.
First, you have to have a subprime loan, low fico score, current with your payment, property is your primary resident and lastly but most important your equity value is 3% or less. Anyone with equity of 3% or less and has poor credit is mostly likely going to walk away from the house and rent. Furthermore, the 3% equity will disappear fast enough in the current market. What would be the compelling reason for them to continue to pay the mortgage? The only folks who may benefit are the lenders. They would rather collect something as oppose to foreclosure on properties and get less when they sell.
Oh yes. I have aquired a fairly large pile of it. I sold some when it spiked up, but added on the way back down.
That should give CFC and other financials a boost. CFC didn't get to the 7's$ like I thought it would but it was damn close.
NFI is blasting off. eom